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Brakes India acquires 10% stake in Japan’s TBK | Chennai News

Brakes India acquires 10% stake in Japan’s TBK | Chennai News

Chennai: Brakes India, part of the T S Santhanam Group (a faction of the larger TVS Group of Companies), and Japan-based TBK Co. Ltd. have signed a capital and business alliance agreement under which Brakes India will acquire a 10% shareholding in TBK through a primary capital infusion for an undisclosed sum.TBK, a leading global auto component manufacturer in the M&HCV segment, specialises in...

TVS Group unveils Rs 100crore corpus fund for engineering scholarships | Chennai News

TVS Group unveils Rs 100crore corpus fund for engineering scholarships | Chennai News

CHENNAI: TVS Group on Saturday unveiled a Rs 100crore corpus scholarship for Tamil Nadu’s engineering students to mark the centenary celebrations of T S Srinivasan, one of the key founders of the group. The ‘TVS Cheema Scholarship’ was unveiled by Tamil Nadu CM MK Stalin along with Venu Srinivasan, chairman emeritus, TVS Motor. It is designed to offer financial support to 500 deserving engineering...